The firm is managing just $900 million, about half of what it did
at the start of the year.

In an investor letter dated July 31, the firm told clients:

"For the second quarter, the Fund had net outflows of $480
million. Firm-wide, net outflows (not including the Long Short
hedge fund strategy liquidation, effective 4/30/2017) totaled
approximately $565 million. At quarter-end, net of June 30th
redemptions, Fund assets stood at $275 million and Firm assets
totaled approximately $900 million."